At a Glance
- Tasks: Manage cost accounting, inventory control, and financial reporting for a dynamic manufacturing environment.
- Company: Join Terex, a leading manufacturer that values diversity and innovation.
- Benefits: Competitive salary, professional development, and a supportive team culture.
- Other info: Flexible work environment with opportunities for cross-training and career advancement.
- Why this job: Make a real impact in financial management while growing your career in a fast-paced setting.
- Qualifications: Third level qualification in Accounts and experience in Cost Accountancy required.
The predicted salary is between 35000 - 45000 β¬ per year.
Reporting to the Financial Controller you will be responsible for all areas of Cost Accounting.
Key Responsibilities / What you'll do:
- Maintain and cost machines β materials, labour and overhead setting of annual standard costs.
- Review of machine margins.
- Management of inventories β absorptions/obsolete etc.
- Inventory control, including cycle counting and physical inventory counts, reviewing variances, preparing cycle count KPIs, and attending cycle counts as a financial auditor.
- PPV β Monitor raw materials prices paid βv- standards.
- Controlling and reporting factory overheads, efficiency.
- Participation in annual Budget and monthly/quarterly forecasts.
- Identify and execute cost reduction opportunities.
- Prepare month-end financial information to achieve the 4-day close, including preparing and posting journals and entering all financial data into the Corporate reporting database.
- Prepare and submit all monthly and quarterly management accounts, corporate narratives, and operating analysis in accordance with the Corporate reporting calendar.
- Assist in preparing quarterly forecasts and annual budgets, supporting and mentoring department managers with their budget costs as needed.
- Participate actively in internal SOX self-testing, review internal procedures, and assist in both internal and external audits, including reviewing working papers for completeness.
- Review and suggest improvements to internal business intelligence to support management decision-making.
- Provide KPI information required by both department and corporate management.
- Support the Financial Controller as needed in all aspects of financial management.
- Prepare all month-end control account reconciliations.
- Participate in financial gate reviews for NPPD to gain product knowledge, and prepare grant claims for R&D, gathering cost information and liaising with external providers where necessary.
- Prepare and sign off on weekly payroll submissions, review and sign off on subcontractor payments, and provide management reports on overtime and efficiencies as needed.
- Attend meetings requiring financial input and deputise for the Financial Controller as needed.
This job description is non-exhaustive, and additional duties may be required in line with the role. The selection criteria may be enhanced at the shortlisting stage if required. Terex is an equal opportunity employer. Appointments are based on merit, and we value diversity, welcoming applications from all sections of the community.
Qualifications / Education:
- A third level qualification, preferably in Accounts (CIMA/ACCA/ACA).
Experience Level:
- Previous experience working within Cost Accountancy of a Manufacturing Environment.
- Strong knowledge of account systems and proficiency in Excel and MS Word.
- Auditing and internal control experience.
- Experience with Oracle desirable.
The ideal candidate will be results-focused, energetic, and committed, with the ability to work overtime, prioritise tasks, and perform effectively under pressure within a fast-paced business environment meeting tight deadlines. Confidence in delivering presentations, strong oral and written communication skills, and excellent interpersonal skills are all vital. The role also requires flexibility and a willingness to cross-train with colleagues in a dynamic finance team environment.
Skills & Abilities (technical, Soft Skills, Specific Knowledge):
- Functional knowledge of general accounting processes and UK/US GAAP.
- Understanding of internal control elements.
- Flexibility in adopting new ideas and approaches.
- Strong problem solving and resolution skills.
- Clear and effective written and oral communication.
- High level of organisation.
- Ability to meet strict deadlines.
- Excellent customer service skills and attitude.
- Unquestionable ethics and integrity, with transparency and trust.
Management Accountant | Dungannon employer: Local Where 2 β Local Business Advertising
At Terex, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation in Dungannon. Our commitment to employee growth is evident through continuous training opportunities and mentorship from experienced professionals, ensuring you thrive in your role as a Management Accountant. With a focus on diversity and merit-based appointments, we create an inclusive environment where every team member's contributions are valued, making your work both meaningful and rewarding.
Contact Detail:
Local Where 2 β Local Business Advertising Recruiting Team
StudySmarter Expert Adviceπ€«
We think this is how you could land Management Accountant | Dungannon
β¨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those who work in manufacturing. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
β¨Tip Number 2
Prepare for interviews by brushing up on your cost accounting knowledge and understanding the specific challenges faced by companies like Terex. Show them you know your stuff and can hit the ground running!
β¨Tip Number 3
Donβt just apply and wait! Follow up on your applications through our website. A quick email or call can show your enthusiasm and keep you on their radar.
β¨Tip Number 4
Practice your presentation skills! Youβll need to communicate financial data clearly, so get comfortable explaining complex concepts in simple terms. Itβll make a great impression during interviews.
We think you need these skills to ace Management Accountant | Dungannon
Some tips for your application π«‘
Tailor Your CV:Make sure your CV is tailored to the Management Accountant role. Highlight your experience in cost accounting and any relevant qualifications like CIMA or ACCA. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your previous experience aligns with our needs. Keep it concise but impactful β we love a good story!
Showcase Your Skills:Donβt forget to highlight your technical skills, especially your proficiency in Excel and any experience with Oracle. Weβre keen on candidates who can demonstrate their ability to manage financial data effectively.
Apply Through Our Website:We encourage you to apply directly through our website. Itβs the best way to ensure your application gets into the right hands. Plus, it shows us youβre serious about joining our team at StudySmarter!
How to prepare for a job interview at Local Where 2 β Local Business Advertising
β¨Know Your Numbers
As a Management Accountant, you'll be dealing with figures all day long. Brush up on your cost accounting principles and be ready to discuss how you've managed costs in previous roles. Be prepared to share specific examples of how youβve improved margins or controlled inventory.
β¨Master the Tools of the Trade
Familiarise yourself with accounting software like Oracle and sharpen your Excel skills. During the interview, mention any specific functions or tools youβve used that relate to the job description, such as cycle counting or preparing management accounts.
β¨Showcase Your Communication Skills
This role requires strong interpersonal skills, so be ready to demonstrate how youβve effectively communicated financial information to non-financial colleagues. Think of examples where your clear communication made a difference in decision-making.
β¨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities and ethical judgement. Prepare for scenarios related to cost reduction opportunities or internal audits, and think about how you would approach these situations based on your past experiences.